SOURCE: Lithium Exploration Group, Inc.

September 12, 2014 08:15 ET

Lithium Exploration Group CEO Quoted in Two Industry Articles

PHOENIX, AZ--(Marketwired - Sep 12, 2014) - Alex Walsh, CEO of Lithium Exploration Group Inc. (OTCQB: LEXG) was mentioned in two articles last week with regards to his comments about Tesla's Gigafactory and the increasing global demand for lithium. 

http://theenergycollective.com/lexie-briggs/484926/news-tesla-s-gigafactory-finds-home-nevada

http://www.forbes.com/sites/markrogowsky/2014/09/04/why-nevada-was-always-the-best-bet-to-land-teslas-gigafactory/

"We are developing an innovative way to extract lithium from oilfield brine and have believed, since our inception almost four years ago, that global demand for lithium will exceed anyone's expectations. The market will need reliable alternatives to South American production of the metal," commented CEO Alex Walsh. "Tesla and Elon Musk's explosion onto the scene and the plans to build their Gigafactory validates what we are working on. They are also endeavoring to think outside the box and make North America a major player in the global lithium and lithium ion battery market."

About Lithium Exploration Group
Lithium Exploration Group is a US-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on its Western Canada lithium assets, testing its Ultrasonic Generator Technology and the acquisition of oil and gas related assets in Western Canada. Lithium Exploration Group is a fully reporting company traded on the OTCQB under the symbol LEXG. Website: www.lithiumexplorationgroup.com.

Safe Harbor Statement
This news release contains "forward-looking statements". Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future testing of the ultrasonic technology.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of lithium prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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